BAF Course

BAF Admission 2022: Bachelor Of Accounting and Finance is an Undergraduate course with a duration of 3 years and six semesters. The course comprises core subjects such as taxation, auditing, accounting, financial accounting, business communication, business law, and managerial economics, which helps students gain knowledge and learn every aspect of this course. The system demands a deep understanding of financial subjects and accounting from various sources like practical training, classroom teachings, seminar, projects, conferences, expert talks, functional training, etc.

Many Universities and colleges offer BAF courses. It will help students be self-employed and fulfill the industry's needs by providing trained students or professionals who can work from day one.
Bachelor of Accounting and Finance does not have any specific entrance exam. Still, students must visit the official website of the particular university to take admission and the parameters for the selection. The average starting salary depends upon the institution in which you completed your course and, most importantly, the student's knowledge, skills, experience, and caliber.

The average starting salary starts from 4 lakhs to 8 lakhs it depends upon the organization you work in, your skill and your working experience.

Maths is not mandatory in Bachelor Of Accounting and Finance courses but doing business mathematics gives additional benefits for the students. Many students can do Chartered Accountants (CA). It will help them to learn subjects quickly because CA is related to accounting and finance.

BAF Admission Updates

• Amrita Vishwa Vidyapeetham offers a Bachelor of Accounting & Finance. Its online registration is open for BAF. 
• Mumbai University is inviting BAF applicants for admission 2022-23. Check  Abhinav College application form 
• CSJMU Kanpur is inviting students for BAF course admission to the university. 22 August 2022 is the last date to apply online.
• Bachelor of Accounting & Finance Admission is open at Kota University. The last date to apply for registration is 31 August 2022.
• BAF registration 2022-23 for the new session is started in IGNOU. Students can fill the admission form by 31 August 2022.
• BAF Admission 2022-23 in open in Vels University. BAF Applicants can check Vels University Admission Form for online admission.

What is BAF?

BAF(Bachelor of Accounting & Finance) is an undergraduate degree program. The course trains students in business management, taxation, business law, business communications, managerial accounting, financing, auditing, and risk management.
The sole purpose of the course is to impart in-depth knowledge to students in subjects like finance and accounting. This is done through classroom teaching, industry visit, seminars, presentations, training, and conferences.
There are very renowned colleges in India that offers BAF course. One can apply for admission to the colleges for a BAF course after completing class 12^th board or equivalent board from a recognized University or school. Before applying to BAF courses in colleges there is a set of eligibility criteria that you must fulfill.

BAF Admission 2022

BAF Admission for the academic year 2022-23 under multiple universities will be started soon. Students who are looking for admission to the BAF course should make sure that they are applying for admission before the last date by visiting the institution’s website.

As for the process of admission to this course, the process of admission will be different depending on the university. Some universities will consider the scores of applicants in their qualifying exams, but for the best universities, the scores of applicants in the entrance exams will be considered. Some of the most referred exams for BAF admission are LPU NEST, IPU CET, MUMCET, etc.

Rishi Dayaram And Seth Hassaram National College And Seth Wassiamull Assomull Science will open Their admission portal for BAF Admission for the session 2022-23 in July 2022. Bachelor of Finance and Accounting registration will be done Online only. The college will publish a merit list of selected students. The selected candidate will be called for document verification to confirm admission to the BAF course.

Smt. K.L. Tiwari Degree College is inviting students for the Bachelor of Accounting and Finance/Bachelor of Commerce in Accounting and Finance programme. There are only 60 seats in the college.

Eligibility Criteria For BAF 

Though every college has its own eligibility criteria for admission the basic requirements remain the same. A student who does not fulfill the essential eligibility criteria is not considered for admission.

The eligibility criteria necessary for admission to the BAF course are:

• The candidate must have qualified or passed the class 12^th Board exam or other equivalent exams from a recognized University or school.
• You must have a minimum aggregate score of 55% marks in class 12^th.

BAF Admission Process

• Students need to fill application form provided on the University`s or College`s official admission portal.
• Colleges give admission to students in BAF courses based on their merits
• You will get admission only if you qualify for the cut-off marks.
• Colleges give admission to students in BAF courses based on their merits, which means that the marks you have scored are 10+2 Standard.
• Alternatively, Some Colleges are conducting an entrance exam.
• Students need to pay an admission fee to complete an admission procedure.
• And rest of the formalities depends upon the college and universities.

BAF Course Fee

Every university has a different fee structure for the Bachelor of Accounting and Finance (BAF) course. This year, many institutions have updated their fee structures. The average BAF course fee is approximately Rs. 30,000 per annum. Students can check the complete fee details in the college prospectus. Some college fees are listed below.

BAF course subjects

Every course and subject need theoretical and practical knowledge for the students to grasp commerce knowledge completely. If you are interested in Financial Expert and pursuing it as a career and understanding how the market works, this career is for you. Bachelor's In Accounting and Finance is a very vast field in commerce some of the common subjects are given below:

Business Law

It is a vital subject and covers critical areas like Public laws, Business laws, and Private Business laws. The issue also focuses on the implementation and establishment of business laws.

Cost Accounting Law

It's a crucial subject that covers topics like financial data analysis, recording, and interpretation. The course will help you gain a better understanding of monetary funds and money management, which will benefit you in your daily life.

Auditing 

An auditor's job is to check everything, including paperwork, money, accounts, and everything else linked to financial records, for accuracy and clarity. The auditor should be knowledgeable and trustworthy.

Taxation 

This part is essential for tax management in the business field. Students should have good analyzing skills and have maintained tax records in the government and private sectors.

Finance Accounting

The Finance Account department handles all the records of transactions and financial records, and reports.

Syllabus of BAF course

BAF is a 4 years UG-level course divided into 8 equal semesters. In this course duration, students will learn about business law and be trained in business communications, business management, and the managerial activities required for this course. Subjects are like Financial Accounting, Taxation, Auditing Papers, Foundation Courses, Financial Management, etc.
To know more about the subjects of the whole syllabus, go through the article given below:

1st Semester

• Financial Accounting - Elements of Financial Accounting - Paper
• Cost Accounting - Introduction and Element of Cost- Paper
• Economics- Micro Economics – Paper Commerce -  Business Environment- Paper
• Accounting with Use of Accounting Softwares Introduction and Applications – Paper Business Communication – Paper
• Foundation Course - Commercial Environment Paper

2nd Semester

• Financial Accounting - Special Accounting Areas Paper  
• Auditing -Introduction, and Planning - Paper
• Financial Management Introduction to Financial Management- Paper
• Taxation -Indirect Taxes Paper
• Business Law - Business Regulatory Framework - Paper
• Quantitative Methods for Business- Paper
• Business Communication - Applications in Business Paper

3rd Semester

• Financial Accounting Paper – III (Special Accounting Areas)
• Cost Accounting Paper – II (Methods of costing)
• Auditing Paper-II (Techniques of Auditing and Audit Procedures)
• Economics Paper-II (Macro Economics)
• Business Law Paper-II (Business Regulatory Framework )
• Management Paper-II (Introduction to Management)
• Quantitative Methods for Business Paper – II

4th Semester

• Financial Accounting Paper –IV (Special Accounting Areas)
• Management Accounting Paper – I (Introduction to Management Accounting)
• Taxation Paper-II (Indirect Taxes)
• Commerce Paper-II (Financial Market Operations)
• Business Law Paper – III (Company Law)
• Information Technology Paper-II (Applications in Business)
• Foundation Course - II (Value Education and Soft Skill)

5th Semester

• Financial Accounting Paper - V
• Cost Accounting Paper – III
• Financial Management – Paper-II
• Taxation Paper - III Direct Tax Paper – I
• Auditing Paper – III
• Management Paper-II (Management Applications)

6th Semester

• Financial Accounting Paper –VI
• Cost Accounting Paper – IV
• Financial Management – Paper III
• Taxation Paper – IV (Direct Taxes - II)
• Financial Accounting Paper – VII
• Economics Paper - III Indian Economy

BAF Course Duration

A Bachelor’s in Finance and Accounting (BAF) is a top-rated course with a duration of  3 years, and it is divided into six semesters. The average fee for this course is around Rs. 3 LPA. After completing the BAF course, students can get jobs with an average salary of between INR 5.23 LPA-INR 7.60 LPA.

Entrance Exam for BAF Admission

Admission to BAF courses is offered by multiple institutions based on the process of entrance exam. There are multiple institutions that conduct the exam on their campus, and on the other side, multiple institutions look for the score of applicants in the entrance test conducted at the national or state level.

Some of the most looked-after entrance tests for BAF admission are the IPU CET, NPAT, VEE, LPUNEST, etc. Based on the scores of applicants in the entrance exam, the institution will be releasing the list of qualifying students for BAF admission. These students will then be invited by the institution to complete the process of admission to the institution's campus.

Entrance Exams for Bachelor of Accounting and Finance are not mandatory for admission to some courses.  

What To Do After BAF Course

BAF course has the ability to take one’s life in the right direction. But an additional degree along with a BAF degree can be quite beneficial for your career. Some courses have become a requirement in the job description of top companies in addition to the BAF course.

The courses you can enroll in after completing the BAF course are as follows:

• Master of Financial Management (MFM)
• MBA in Finance
• Chartered Accountant
• Company Secretary
• Master in Accounting and Taxation
• Post Graduate Diploma in Professional Accounting
• MBA in Cost and Management Accounting
• MCom in Finance

BAF course in DU

Delhi University offers a BAF program in various colleges the university. Shri Ram College of Commerce and Hindu College offer this UG course. The duration of this course takes minimum 3 years of duration. These courses will teach about Market Systems, Banking, Management, Accounting, Financial Institutions, etc. for the whole duration. After the 10+2 Standard, students can pursue this course, and students must have studied commerce in their 10+2.

BAF Admission in Mumbai University

Mumbai University admission to the BAF course is allotted based on the scores of applicants in the MUCMET 2022 exam. The students who will participate in the exam and will score higher enough to qualify for admission will only be allowed to complete the process for admission to the course.

The application form for BAF admission 2022 at Mumbai University will be released by the university soon on its official website. The aspirants for admission to the course will be required to complete their 12th class as the minimum requirement for admission to the course at Mumbai University.

BFA Colleges in India

There are many colleges in India that provide higher education in the field of finance and accounting. Many of them are privately owned, and some are government colleges. It is an easy process to take admission to any private college. In contrast, government colleges take entrance tests before admission. Some of the universities are mentioned below:

• Vels University
• Lovely Professional University (LPU)
• Chandigarh University
• Rizvi College Of Arts Science And Commerce
• Maharshi Dayanand College Of Arts, Science And Commerce
• Shaheed Sukhdev College Of Business Studies

Top Colleges For BAF Course In India

Here is a list of renowned and prestigious colleges for commerce stream students. These colleges are famous for their knowledgeable commerce faculty.

• Mithibai College - Vile Parle West, Mumbai
• Birla Institute of Liberal Arts and Management Sciences - Kolkata
• Mumbai HR College of Commerce & Economics - Churchgate
• Nagindas Khandwala College of Commerce - Malad West, Mumbai
• Mumbai Smt. MMK College of Commerce & Economics - Bandra
• KPB Hinduja College of Commerce - Charni Road, Mumbai
• Kishinchand Chellaram College - Churchgate, Mumbai
• SMS College of Commerce & Management Studies - Powai, Mumbai
• SS College of Business Studies - New Delhi 
• Patkar College, Goregaon West - Mumbai3
• Vivekanand Education Society’s College - Chembur East, Mumbai
• Ghanshyamdas Saraf College of Arts and Commerce - Malad West, Mumbai
• Prahladrai Dalmia, Lions College of Commerce and Economics - Malad West, Mumbai
• Tolani College of Commerce - Andheri East, Mumbai
• Shri Chinai College of Commerce & Economics - Andheri East, Mumbai

Top Colleges for BAF

A list of some of the top colleges that offered BAF is given below-

● Sanpada College of Commerce and Technology, Navi Mumbai

● Rizvi College of Arts, Science, and Commerce

● Maharishi Dayanand College of Arts, Science, and Commerce

● Birla Institute of Liberal Arts and Management Sciences, Kolkata

● Gayatri Vidya Parishad College for Degree and PG Courses, Visakhapatnam

Jobs After BAF Course

The investment of MNC companies from all over the world is the reason that the increasing demand for financial experts and financial analysts comes to the scene, so this is a golden opportunity for students who completed the BAF degree or any similar degree in Finance, Accounting, etc. Here list is given below for some of the job profiles; interested students choose their career paths according to their interests.

• Accounting Analyst
• Financial Consultant
• Billing Data Analyst
• Company Secretary
• Chartered Accountant
• Financial Risk Manager (FRM)
• Financial Analyst
• Marketing Manager

BAF Job Scope

The college and the marks you get in your BAF course semesters will affect your job opportunities. Students with excellent marks successfully bags high-paying jobs.
You will get abundant employment opportunities after getting a BAF course degree. With constant effort, dedication and experience, you can even reach the CXO level officer.

The prominent sectors where BAF course graduates get employed are:

• Banking
• Auditing
• Taxation 
• Financial Planning
• Chartered Accountancy (CA)
• Accountancy
• Actuarial Science
• Financial Analysis

The majority of the candidates go for an MBA degree to enable better-paying jobs. This is a popular trend among graduates. Here are the job posts that BAF course graduates get:

• Financial Consultant
• Billing Data Analyst
• Accounts Assistant
• Marketing Manager
• Accounting Analyst
• Finance Analyst

Frequently Asked Questions (FAQs)

Question 1: What Is The Salary Of BAF Graduates?

Ans: The entry-level starting salary of the BAF graduates lies between Rs. 1 lakh to RS. 5 lakh. But experience and an MBA degree will help you land your dream job with decent pay.
A dual degree is always advantageous for bagging high-paying jobs. Not only it adds a start to your education details but also a portrayal of your gained knowledge.

Question 2: Is Maths One of the Compulsory Subjects for the BAF Course?

Ans: No! Mathematics is not compulsory for getting admission to BAF undergraduate degree program. But it seems to be a benefit of the students to have some knowledge in Business Mathematics.

Question 3: What is the Difference Between BAF and B.Com?

Ans: B.com deals in subjects like Economics, Trade, Commerce and Taxation along with Financing and accounting. On the other hand, the BAF course focuses more on Accounting and finance subjects.

Question 4: What Are The Specialisation Areas Of the BAF Course?

Ans: BAF course specializes in Securities, Trading, Finance, Commerce, and Computers.

Question 5: What is the Course Duration?

Ans: BAF course is an undergraduate degree program. The course is for 3 years. Colleges divide 3 years into 6 semesters. Each semester is of 6 months.